By ZEN SOO and JOE McDONALDUpdated: November 23, 2020 – 11:00 AMHONG KONG — (AP) — The chairman and CEO of e-commerce giant Alibaba Group praised Chinese regulators Monday in a possible attempt to repair ties after the stock market debut of its former financial services arm was suspended following criticism of them by billionaire…
AdvertisementContinue reading the main storyOpinion Against overwhelming state violence, poetry might appear to offer little recourse. But for many Uighurs, it’s a powerful form of resistance. By Joshua L. FreemanMr. Freeman is a historian at the Princeton Society of Fellows.Nov. 23, 2020 Credit…Emily Haasch 阅读简体中文版閱讀繁體中文版 I last saw my old professor Abduqadir Jalalidin at his…
China warned it would show zero tolerance for misconduct in the debt markets, after a series of defaults by state-backed groups unsettled investors.The warning came from the Financial Stability and Development Committee, a body that groups together China’s central bank and other top financial regulators and that is chaired by Vice Premier Liu He, President…
Hong Kong (CNN Business)Alibaba CEO Daniel Zhang has described plans by Chinese regulators to tighten restrictions on internet companies as “timely and necessary.”The remarks from Zhang come as Alibaba (BABA) finds itself in the crosshairs of Chinese regulators. News of an imminent crackdown sent shares in the company and other Chinese tech giants plunging earlier…
TUESDAY UPDATE, writethru: Japan’s runaway smash, Demon Slayer The Movie: Mugen Train, continued its reign at the top of the local charts this weekend as it neared $250M. Including Monday’s Labor Thanksgiving Day holiday in Japan, Demon Slayer‘s total across 39 days is 25.9B yen ($248M). The anime adaptation has now overtaken Frozen (25.5B yen)…
Donald Trump has banned US investment in a further 89 Chinese companies, and reportedly sent a navy admiral to Taiwan, as he seeks to secure a tough-on-China foreign policy legacy.Multiple media outlets have reported plans by the Trump administration for a series of confrontations with China before Biden’s inauguration on 20 January, and the moves…
AdvertisementContinue reading the main story China’s leader, Xi Jinping, is pursuing a strategy to make the country’s economy more self-sufficient, while making other places more dependent on it than ever. Xi Jinping, China’s leader, says his country is not “decoupling” from other economies, but his nation has taken steps in that direction.Credit…Mark Schiefelbein/Associated Press Nov.…
Vulture funds are racing to buy bonds of troubled Chinese state-owned enterprises, after a sharp sell-off sparked by a large coal mining group’s default on a Rmb1bn ($156m) debt issue.Yongcheng Coal & Electricity, a coal miner in central Henan province, one of China’s most populous provinces with more than 95m people, defaulted on Friday. This…
A villager rides past his house in Akesalayi Township of Moyu County, northwest China’s Xinjiang Uygur Autonomous Region, Oct. 22, 2020. In a historic feat, northwest China’s Xinjiang Uygur Autonomous Region has bidden farewell to absolute poverty. The last 10 impoverished counties in Xinjiang have managed to end absolute poverty, the regional government announced Saturday.…
Asia-Pacific leaders voiced concern over the situation in the resource-rich South China Sea at a regional summit on Saturday, a Japanese government official said, as security tensions between the United States and China have shown no sign of easing.The virtual meeting of the 18-member East Asia Summit took place for the first time following the…
